NOT LISTED FOR SALE

Estimated Value: $2,036,078 - $2,444,000

4 Beds
3.5 Baths
2,910 Sq Ft
$750/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $1,660,000 $570 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,761/month

4,750 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Newkirk Avenue (B,Q Line)
  • Laundry Facilities
  • Ditmas Junior High school Rated A-
  • Intercom
  • Wood Burning Fireplace

About This Home

As of June 2020

Beautiful Craftsman home in Ditmas Park now available! On a large corner lot, this 4BR/3.5BA home with an enormous loft attic and extra-long driveway is picture perfect and a gardener's delight, encompassed by lush foliage, hedges, green lawn and flower beds. The welcoming front porch features overhanging eaves, exposed beams and tapered pillars, a wonderful spot to enjoy the outdoor view and fresh air. Upon entering the home the living room greets you with original details: hardwood floors, arts and crafts-style wood finishes and a wood-burning fireplace. Windows from every exposure bring in sunlight throughout the day. The generous dining room has a wall of custom bookshelves and large windows on two sides. The sizable kitchen is large enough for two chefs to work side-by-side. Just off the kitchen is a bedroom and full bath, and in the rear of the home is a lovely sun porch, a perfect place to read a book, create an indoor garden of houseplants, or take a leisurely afternoon nap.

Upstairs are three well-proportioned, light and airy bedrooms, a large renovated full bath plus an ensuite half bath and a flight of stairs leading up to an open attic with windows on 3 sides - a great place for play, exercise or overflow guests. The basement has huge storage capacity, a separate laundry room, full bath, AND an additional rec room/large office. 494 E. 16th Street is near all of the favorite shops and restaurants the area has to offer, and close to the Q/B line, giving you quick access to Manhattan from one of Brooklyn's most idyllically picturesque neighborhoods. This is your opportunity to have a storybook home at a price you can afford. Contact us for a virtual tour!

Last Agent to Sell the Property

Lucy Perry

Compass License #10301206726 Listed on: 03/27/2020

Compass

Co-Listed By

Jessica Henson

Compass License #10401255152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,506

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 54.0 x 81.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,910 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Ditmas Park Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 43 / 5179

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,506

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cross Street: Ditmas Avenue/Dorchester Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2910.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Window Unit(s)
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 54.0 x 81.0

Building Info

  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 5179
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 23, 2020
Sold by
Bickford Ana and Bickford Louis
Bought by
Carman Paul T and Carman Stephanie R
Seller's Agent
Lucy Perry
Compass
List Price
$1,660,000
Sold Price
$1,660,000
Current Estimated Value
$2,181,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,270
Avg. Annual Appreciation
5.42%
Original Mortgage
$324,928
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Ferraioli Henry G
Bought by
Reis Ethan and Reis Andrea Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carman Paul T $1,660,000 --
Reis Ethan $220,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carman Paul T $250,000
Closed Carman Paul R $94,400
Closed Carman Paul T $324,928
Previous Owner Bickford Ana $236,324
Previous Owner Bickford Ana $140,000
Previous Owner Bickford Ana $34,120
Previous Owner Bickford Ana $3,123
Previous Owner Bickford Ana $744,000
Previous Owner Reis Andrea Brown $7,084
Previous Owner Reis Ethan $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $1,660,000 0.0% $570 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/03/2007 05/03/07 For Sale $1,660,000 -- $570 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,506 $148,020 $35,820 $112,200
2024 $10,506 $116,940 $35,820 $81,120
2023 $10,511 $134,040 $35,820 $98,220
2022 $9,775 $126,600 $35,820 $90,780
2021 $9,724 $108,720 $35,820 $72,900
2020 $7,293 $123,840 $35,820 $88,020
2019 $9,119 $117,480 $35,820 $81,660
2018 $8,494 $43,130 $11,741 $31,389
2017 $8,019 $40,807 $11,983 $28,824
2016 $7,388 $38,506 $12,785 $25,721
2015 $4,423 $36,327 $18,217 $18,110
2014 $4,423 $36,327 $17,834 $18,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10628215

Real Estate Board of New York (REBNY)

APN: 05179-0043